I would like to acknowledge the Traditional Owners of this land, the Gadigal people of the Eora Nation. We are very lucky in Australia to have a First Nations people that take such good care of our land and culture and pass this on to future generations. I pay my respect to elders past and present and extend this respect to any First Nations people here with us today.
Introduction
Artificial intelligence (AI) is generating enormous interest and investment globally and here in Australia. The nature of the technology is raising important questions about security, privacy, governance and trust; the opportunities are becoming clearer, but so are the risks and uncertainties. We can see the economy and society changing as the technology diffuses across businesses and households, and the pace and spread of the technology is raising fundamental questions that societies and governments around the world are grappling with. In Australia, firms and individuals are experimenting with, and rapidly adopting, the technology (Graph 1).